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1Z0-561 Oracle FLEXCUBE Universal Banking 11 Basic Implementation Essentials

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1Z0-561 exam Dumps Source : Oracle FLEXCUBE Universal Banking 11 Basic Implementation Essentials

Test Code : 1Z0-561
Test title : Oracle FLEXCUBE Universal Banking 11 Basic Implementation Essentials
Vendor title : Oracle
: 76 actual Questions

Oracle FLEXCUBE Universal Banking

New Oracle FLEXCUBE aspects give Umbrella options For Banks | killexams.com actual Questions and Pass4sure dumps

The existing monetary functions landscape requires seamless, wealthy and individualised on-line and cellular experiences for patrons, original simple methods to meet increasing regulatory pressures and the means to always power enhanced performance. Oracle FLEXCUBE has expanded capabilities to assist these areas together with original contactless charge and wealthy, personalised portal enhancements as well as original Society for worldwide Interbank monetary Telecommunication (SWIFT) certification and international Account Tax Compliance Act (FATCA) compliance.

Oracle economic services software restricted introduced original Oracle FLEXCUBE capabilities that uphold economic institutions to uphold regulatory compliance, present richer and extra customized customer experiences, enrich efficiency and streamline their IT environments.

“economic associations are grappling with evolving consumer and regulatory requirements and the deserve to nick back IT complexity,” referred to Chet Kamat, CEO & Managing Director, Oracle fiscal services application. “The latest enhancements to Oracle FLEXCUBE assist banks to provide an superior customer adventure, meet business standards, corresponding to FATCA regulations and SWIFT requisites, as well as streamline compliance, nick back chance and minimise IT complexity.”

supporting Regulatory Compliance

With FATCA provisions set to engage repercussion in July 2014, Oracle FLEXCUBE offers original aspects to aid facilitate compliance and reduce possibility. These facets include aid for due diligence for brand spanking original consumer on boarding and present purchasers to identify u.s. (U.S.) individuals and U.S.-owned alien entities.

improving client experience

Oracle FLEXCUBE cell Banking now helps contactless payments, together with near sphere communication (NFC), quick response (QR) code assist, person-to-person (P2P) and companionable media payments, enabling banks to present a brand original flush of solace and adaptability for valued clientele.

Oracle FLEXCUBE Direct Banking permits banks to give greater complete, resilient and consistent carrier in addition to superior consumer convenience with conclusion-to-conclusion multi-channel, multi-step and multi-equipment collaborative originations capabilities for retail and company purchasers. It additionally offers multiplied customer self-subscription and on boarding elements and makes it feasible for full-scale straight through processing (STP) and assist for offline processing.

company banking users of Oracle FLEXCUBE can now engage skills of the greater bulk payment skill to aid streamline operational efficiency and reduce risk.

Oracle FLEXCUBE has been named a SWIFT licensed software for funds 2013.

The more suitable Oracle FLEXCUBE platform also integrates more simply with diverse channels, reminiscent of title centers, ATMs and kiosks to immediately and conveniently enable customers to entry their debts.

enhancing Operational performance

To assist fiscal institutions more desirable divide and compare transactional facts while managing profitability, impregnate and performance, Oracle introduces Oracle FLEXCUBE recommendation Server. This original skill enables users to quite simply and rapidly analyse items, evaluate present profitability facts and developments to more suitable optimise business choices and manage aggressive pressures, and review ordinary reports and boost accountability with the aid of monitoring department-stage performance.

decreasing IT Complexity

Oracle FLEXCUBE construction Workbench will now assist R10 and R11 versions of FLEXCUBE, enabling fiscal institutions to transfer existing customisations from one FLEXCUBE unlock to another to uphold pace enhancements and assist reduce impregnate and useful resource necessities.

To ease trying out of improvements, patches and fixes on Oracle FLEXCUBE, Oracle today announced the supply of Oracle FLEXCUBE trying out Workbench for frequent Banking, which allows banks to listing consumer and branch transactions, extract subsets of construction data, re-run statistics in contemplate at various environments and receive instant diagnostics on blunders, which could appreciably nick back trying out efforts.

To assist banks better manipulate construction environments and facts compliance, Oracle FLEXCUBE now also ships with a brand original archiving and purging utility.

Oracle FLEXCUBE customary Banking now runs on Oracle Database tackle X3-2 to convey mid-dimension banks a compelling banking-in-a-field answer. With this certification, banks can improvement from a low-IT-footprint, excessive-efficiency, full-scale banking technology it really is engineered to steer conclusion-to-end enterprise requirements.

In a fresh efficiency contemplate at various of Oracle FLEXCUBE everyday Banking on Oracle Database appliance X3-2, the device managed greater than 2.6 million on-line transactions in 60 minutes.

This equated to 744 transactions per second with an ordinary response time of 156 milliseconds for 98 % of the transactions.

The solution accomplished end-of-month batch processing for 10 million consumer bills in 123 minutes utter the way through the performance examine.


bank of the Lao PDR Selects Oracle FLEXCUBE common Banking to Modernize Operations | killexams.com actual Questions and Pass4sure dumps

REDWOOD SHORES, CA--(Marketwire - 03/29/eleven) - Oracle (NASDAQ:ORCL - news)news facts

  • financial institution of the Lao PDR, the valuable monetary institution of the Lao americans's Democratic Republic (PDR) has chosen Oracle FLEXCUBE prevalent Banking as its administrative core banking equipment.
  • as the primary bank of the country, bank of the Lao PDR, serves as the premier monetary institution to formulate fiscal coverage, boos monetary institutions, accounting, operations alien money issuance and internal audits.
  • A majority of essential banks within the place, comparable to countrywide bank of Cambodia and situation monetary institution of Vietnam, maintain chosen Oracle as the know-how partner, showcasing Oracle's means to fill the exciting and worrying necessities of the fiscal regulator of the nation.
  • Oracle FLEXCUBE time-honored Banking should be deployed as the transaction processing platform, automating the banking operations and assisting institute overseas most desirable practices and modernization of the nation monetary system.
  • As allotment of an built-in answer, Oracle FLEXCUBE widespread Banking will centralize customer assistance, manage money owed, personal loan processing and credit control, provide depository capabilities for securities and bonds and automate overseas trade and money markets trading.
  • The option and implementation of the executive core banking gadget for monetary institution of the Lao PDR was led with the aid of CSCC (vital provider laptop and conversation Co., Ltd.) of CS group in Laos. CSCC is the leading solution company that specialize in IT solution implementation and delivery in the banking and finance industries in Laos. Consultancy buddies constrained (CAL) will assist with the implementation. CAL is a Hong Kong-primarily based consultancy business which focuses on censorious banking, funds and IT methods.
  • assisting costs

  • "financial institution of the Lao PDR vital to enforce a conducive and secure monetary services infrastructure for sustained monetary boom and a stable fiscal system. With Oracle FLEXCUBE established Banking and Oracle's global event in know-how-led transformation, they import on the Lao's banking system to deliver the superior capabilities and items to fulfill the emerging needs of the economic climate. they are completely gay with their altenative and because it will aid leverage most excellent practices for their country," stated Mr. Or Vilaphan, director universal of administration, monetary institution of the Lao PDR and chairman for the building of IT for the monetary institution of the Lao PDR.
  • "financial institution of the Lao joins an elite list of censorious banks utter over that maintain deployed Oracle FLEXCUBE universal Banking to uphold the monetary services sector within the respective nations. we're assured they can deliver a really amazing, at ease processing environment for monetary institution of the Lao to monitor, boos and reserve the banks within the country," observed A. Srinivasan, chief government officer, Oracle monetary capabilities software Pte Ltd and vice president, earnings, Asia Pacific.
  • "the original Adminstrative Core Banking challenge for bank of the Lao will earmark a brand original age for the total banking industry of Laos. They account with the adventure and dedication that Oracle has in core banking coupled with CSCC's long legacy in IT modernization in the Laos monetary trade will hurry a a success implementation," stated Samsivath Keobounphanh, managing director, vital carrier computing device & communication Co., Ltd. (CSCC) of CS neighborhood.
  • "Oracle FLEXCUBE conventional Banking will give an built-in device that can meet the entire diverse, yet certain, gadget necessities of the operation contraptions within the censorious monetary institution. The Oracle economic features application group is very professional and equipped. they are impressed by means of their event and commitment which assures they will convey the administrative core banking device on time and with extravagant nice," quoted from Anthony Lee, essential advisor, Consultancy buddies confined.
  • assisting materials

    About Oracle monetary capabilities utility restrained Oracle monetary functions application limited (referred to as "Oracle monetary features software") (Reuters: ORCL.BO & ORCL.NS) is a majority owned subsidiary of Oracle. For extra suggestions, consult with www.oracle.com/financialservices.About Oracle Oracle is the world's most comprehensive, open, and built-in business utility and hardware techniques company. For more guidance about Oracle, please consult with their web site at http://www.oracle.com.trademarks Oracle and Java are registered emblems of Oracle and/or its affiliates. FLEXCUBE, burst of day, Mantas and Reveleus are logos of Oracle monetary features software and are registered in a few nations. other names may be emblems of their respective owners.


    Nigeria: Nouvobanq choose Oracle Flexcube solutions | killexams.com actual Questions and Pass4sure dumps

    related themes
  • Banking

    Tanzania: Ecobank Backs Tree Planting

    Tanzania: rules On evil debts begins to twinge Banks in Tanzania

  • Nouvobanq has selected Oracle FLEXCUBE approved Banking solution and Oracle FLEXCUBE Direct Banking solution to assist the monetary institution's turning out to be retail and company banking operations.

    The Oracle FLEXCUBE solutions will supply a enormously scalable infrastructure that allows for the bank to fill its aggressive boom plans.

    ...

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